igus speeding things up with digital innovation

By admin August 12, 2016 4:15 pm IST

Cologne plastics specialist for moving applications increases sales by 18 per cent
  In the last fiscal year, igus GmbH was able to increase its sales considerably – namely, by around 18 per cent to a total of 552 million euros. More and more companies around the world are placing their trust in plastic solutions for moving applications because they lower costs and increase service life. To make it even easier for customers to retain their individual motion plastics product anywhere in the world, igus is investing considerable funds in the digitisation and intelligent networking of products, servicing and logistics.
In 2015, igus achieved sales of 552 million euros with its motion plastics, an around 18 per cent rise compared to the preceding year. Out of the total sales, 55 per cent was achieved in Europe, 27 per cent in Asia and 18 per cent in America and Africa. The reason is that high-performance plastics for motion continue to be in great demand all over the world. Guarantees of growth continue to be e-chains, cables and bearing technology but relatively new ball bearing and low-cost automation products are also acquiring increasingly greater significance. “The era of plastics for motion has begun”, says Frank Blase, CEO of igus GmbH. “motion plastics are lubrication-free and corrosion-free, while requiring very little maintenance, and are proving their worth in more and more applications due to their low weight, durability and energy efficiency, especially compared to conventional metal solutions.” The more than 100,000 motion plastics products include individual parts such as bearings among other things. However, the great majority of orders are for individually configured modules such as an assembled energy chain with 500 individual components and more. Every one of the daily 7,000 orders is different. A complicated challenge – particularly since igus delivers the goods so quickly (at least 24 after receipt of order).

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